Walker Asset Management LLC Sells 285 Shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM)

Walker Asset Management LLC lessened its stake in shares of Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) by 3.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,077 shares of the company’s stock after selling 285 shares during the period. Walker Asset Management LLC owned 0.11% of Invesco S&P 500 Equal Weight Materials ETF worth $339,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of RSPM. Strategy Asset Managers LLC bought a new position in shares of Invesco S&P 500 Equal Weight Materials ETF in the 2nd quarter valued at $129,000. Perigon Wealth Management LLC bought a new stake in Invesco S&P 500 Equal Weight Materials ETF in the 1st quarter valued at about $206,000. Arkadios Wealth Advisors bought a new stake in Invesco S&P 500 Equal Weight Materials ETF in the 1st quarter valued at about $206,000. Tradewinds LLC. bought a new stake in Invesco S&P 500 Equal Weight Materials ETF in the 1st quarter valued at about $218,000. Finally, Harbour Investments Inc. increased its position in Invesco S&P 500 Equal Weight Materials ETF by 411.2% in the 2nd quarter. Harbour Investments Inc. now owns 6,875 shares of the company’s stock valued at $237,000 after buying an additional 5,530 shares in the last quarter.

Invesco S&P 500 Equal Weight Materials ETF Trading Down 1.4 %

Invesco S&P 500 Equal Weight Materials ETF stock traded down $0.51 during midday trading on Thursday, reaching $36.32. The stock had a trading volume of 4,996 shares, compared to its average volume of 28,225. Invesco S&P 500 Equal Weight Materials ETF has a 12 month low of $29.03 and a 12 month high of $37.85. The company has a market capitalization of $298.19 million, a P/E ratio of 16.13 and a beta of 1.21. The company has a fifty day moving average price of $36.27 and a two-hundred day moving average price of $35.57.

Invesco S&P 500 Equal Weight Materials ETF Company Profile

The Invesco S&P 500 Equal Weight Materials ETF (RSPM) is an exchange-traded fund that is based on the S&P 500 Equal Weighted / Materials index. The fund tracks an equal-weighted index of US materials companies in the S&P 500. RSPM was launched on Nov 1, 2006 and is managed by Invesco.